MyFEDBenefits Provides Consultations for USPS Employees Interested in VERA
Individuals need to understand the impact this will have on their retirement before making a choice as to whether taking the offer is right for them, MyFEDBenefitsHelp.com announces
Fort Worth, Texas – February 27, 2018 /MarketersMedia/ —
MyFEDBenefits offers support to USPS employees for VERA (Voluntary Early Retirement Authority). Older employees who are looking to retire earlier than originally planned with better financial benefits find they may wish to take advantage of this offer. However, before individuals take advantage of this opportunity, the benefits and drawbacks of doing so must be understood. MyFEDBenefits works with people to ensure they have the knowledge needed to make an informed decision.
“Federal employees of the United States Postal Service work hard to serve the citizens of the country, often doing so in less than ideal conditions. They deserve to be rewarded for the time they have put into this occupation. Many who wish to retire early have been hesitant to do so, however, due to financial concerns. With this new offer, these concerns will be eliminated for quite a few, and we are here to help individuals determine if they fall into this category,” Gary Aiello, spokesperson for MyFEDBenefits, explains.
In order to reduce staff and restructure the workplace, federal agencies are required to request a VERA from the OPM (Office of Personnel Management). This helps to prevent RIF and employee layovers and allows employers to lower the age required to retire. The employee benefits as he or she may obtain the benefits and begin using them at an earlier age.
“Anyone looking to take advantage of the offer must understand how it will affect specific benefits, including FERS and CSRS. This is where we can be of help. We specialize in knowing how these funds may be accessed and share this information with our clients. Federal employee benefits tend to confuse many individuals, and we work to clear up any misunderstanding and ensure our clients have the facts so they can make a decision that is right for them and their unique situation,” Aiello continues.
Individuals interested in taking advantage of the VERA need to ensure they qualify to do so. For example, a person must have 20 years of government service and be at least 50 years of age or have 25 years of service, regardless of their age to be eligible to take part in the offer. Furthermore, they must not be leaving due to unacceptable performance or misconduct, and these are merely two of the requirements.
“We talk with individuals looking to take advantage of this offer to determine if they may take part. Furthermore, we explain the benefits and drawbacks of retiring early. This ensures each person can make a decision that will benefit them now and in the future. A person deserves nothing less for the service they have given to the country, Aiello states.
About MyFEDBenefits:
As a team of federal career and benefits specialists, MyFEDBenefits strives to help federal employees prepare for the future and make the most of the benefits available to them.
Contact Info:
Name: Gary Aiello
Email: info@mfbhelp.com
Organization: MyFEDBenefits
Address: Waco, TX, 76633
Phone: 877-741-1254
Source URL: https://marketersmedia.com/myfedbenefits-provides-consultations-for-usps-employees-interested-in-vera/306303
For more information, please visit http://myfedbenefitshelp.com/
Source: MarketersMedia
Release ID: 306303